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27 Feb 2022, 4:30 pm
The Bank rejects the allegations. [read post]
25 Feb 2022, 3:00 am
Fed Overhauls Investment and Trading Rules Following Resignations of Top Officials MSN – Rachel Siegel (Washington Post) | Published: 2/18/2022 The Federal Reserve overhauled its trading rules for policymakers and staff, rewriting previous guidelines that central bankers said were insufficient amid the resignations of three top policymakers. [read post]
24 Feb 2022, 2:46 pm
Even before this latest set of announcements, Russia’s stock market and currency had cratered in the face of the promised measures, forcing Russia’s central bank to tap its $600 billion-plus reserve chest to staunch the slide. [read post]
24 Feb 2022, 6:39 am
The executive order reportedly will direct a wide range of government agencies to study cryptocurrency and the central bank digital currency (CBDC) to design a comprehensive strategy. [read post]
24 Feb 2022, 5:01 am
Taylor Budowich, a Trump spokesman suing to block a subpoena for bank records, argued that “[t]he Select Committee has failed to identify any legislative purpose served by its Subpoena. [read post]
23 Feb 2022, 10:03 am
” While the Interagency Statement does not plow new ground, it is noteworthy that these eight federal agencies are collaborating to actively promote the broader use of SPCPs for the very first time. [read post]
23 Feb 2022, 8:59 am
The first permits transactions with VEB that are incident and necessary to the servicing of bonds issued before March 1, 2022 by the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance. [read post]
18 Feb 2022, 8:28 am
The State of Afghanistan’s Assets Afghanistan’s central bank is believed to hold more than $9 billion in assets overseas as part of Afghanistan’s foreign exchange reserves. [read post]
16 Feb 2022, 8:16 am
Food prices in Afghanistan have risen dramatically since August, the banking sector is on the verge of collapse, and the United States has frozen some $9 billion in Afghan funds and assets that remained with the Federal Reserve Bank after senior officials, including the president and central bank acting governor fled Afghanistan. [read post]
15 Feb 2022, 6:15 am
Department of State and the U.S. [read post]
14 Feb 2022, 12:25 pm
Background The plaintiffs in Morrison were Australians who owned stock in an Australian bank and alleged fraud by the bank’s U.S. subsidiary. [read post]
11 Feb 2022, 1:11 pm
To post an open Indian law or leadership job to Turtle Talk, send the following information to indigenous@law.msu.edu: In the email body: A typed brief description of the position which includes: Position title Location (city, state) Main duties Closing date Any other pertinent details such as links to the application An attached PDF job announcement. [read post]
10 Feb 2022, 10:54 am
” The post IMF weighs in on central bank digital currencies appeared first on JURIST - News. [read post]
9 Feb 2022, 1:35 pm
As a central enterprise directly managed by the State-owned Assets Supervision and Administration Commission of the State Council, China Hualu Group should conscientiously study and implement the relevant provisions of the "Data Security Law", and continuously improve the party's ability and level of data management.Deeply understand the political attributes of central enterprises, and earnestly understand the significance of studying and… [read post]
8 Feb 2022, 7:29 am
” In China’s financial system, however, nearly all the nation’s banks are owned and controlled by the state, and the Chinese Communist Party (“the Party”) can suppress data about failing banks and systemically important financial intermediaries by blocking information in its state-controlled media. [read post]
7 Feb 2022, 9:01 pm
Only then can we turn our attention to what—if anything—policymakers should do to address what turns out to be a relatively minor hurdle on the country’s path to further prosperity.The bottom line is that no president has the tools at hand to fight inflation, even indirectly, because those tools generally are controlled by the politically independent central bank (that is, the Federal Reserve). [read post]
7 Feb 2022, 8:01 am
China’s trailblazing foray into the development of a central bank digital currency has inspired similar projects in some 87 countries around the world. [read post]
7 Feb 2022, 3:58 am
Most commercial banks in China are state-owned or state-controlled and lending decisions are still firmly connected to local and central government prerogatives, rather than market considerations. [read post]
4 Feb 2022, 2:29 pm
(Although heading 14.d includes a separate question regarding capacity reductions that have the potential to reduce supply resilience or product or service quality, it is not stated that this provision should be viewed as a limitation on the first sentence.) [read post]
3 Feb 2022, 3:13 pm
“The Federal Reserve Bank of Boston and the Digital Currency Initiative at the Massachusetts Institute of Technology today released the findings of their initial technological research into a central bank digital currency, or CBDC. [read post]
